apartment in the worlds most popular cities

Have you ever thought about buying an apartment in another country? If you’re seriously considering that possibility, it’s important that you know how much money you will need, and how long you will need to save up for. To help you, we’ve provided a rundown of some of the world’s most popular cities, together with the price you can expect to pay if you’re keen on buying a flat there. The figures below are based on average income and average local real estate prices.

Moscow, Russia

To buy an apartment in the Russian capital of Moscow, you may need 12 years of saving, with an average monthly saving $797, as the average price of an apartment there is $118,852.

Berlin, Germany

You will need to save for about nine years to buy an apartment in Berlin, with an average monthly saving $2,206, since the average price of apartments there is $235,000.

London, United Kingdom

If you want to buy an apartment in London, you will need 18 years of saving, with an average monthly saving $2,972, as the average price there is $638,000.

Dubai, United Arab Emirates

If you aim to buy an apartment in the UAE, specifically the emirate of Dubai, you may need an average of three and a half years as a saving period, with an average monthly saving $3,340, to get an apartment with an average price of $143,850. Bear in mind that this price would be lower if you considered buying in another emirate, for example buying an apartment in Sharjah, where foreigners are also allowed to own properties.

Paris, France  

In the City of Light, you likely to need around 12 years of saving, with an average monthly saving of $2,531, and an average apartment price of $359,100.

Beijing, China

If you are thinking of purchasing an apartment in the crowded Chinese capital of Beijing, you may need 17 years of saving, with an average saving of $1,370, and average apartment price of $289,150.

Madrid, Spain

Seven years of savings are what it takes to buy an apartment in the Spanish capital of Madrid, with an average saving of $1,571, as the average price for apartments is $132,150.

Astana, Kazakhstan

To buy an apartment in Astana, you have to save for seven and a half years, with an average saving $457, and average prices for apartments of $41,500.

Stockholm, Sweden

Stockholm is the capital of one of the most prosperous Scandinavian countries. To buy an apartment in this city you have to save for nine years, with an average saving $2,857, and an average price for apartments of $311,850.

Sydney, Australia

For the city of the sun and beautiful beaches, you need to save for seven and a half years, with an average saving $3,615, as the average price of apartments there is $329,700.

Bangkok, Thailand

For the Thai capital you may need 11 years of saving, with an average saving $664, and average price for apartments of $88,900.

Athens, Greece

It takes you 9 years of savings to buy an apartment in this charming city, with an average saving $803, and average price for apartments of $88,950.

Rio de Janeiro, Brazil

You may need a relatively long period of 14 years and a half of saving, with an average saving $644, since the average price for apartments there is $105,950.

Toronto, Canada

For this beautiful capital you may need to save money for 7 years in order to buy an apartment there, with an average saving $2590, and average price for apartments of $222,350.

Prague, Czech Republic

You will need 8 years of saving, with an average saving $1,019 to buy an apartment in the old city, as the average apartments price there is $102,650.

Rome, Italy

Buying an apartment in that delightful city costs you 11 years of saving, with an average saving $1,783, and an average price for apartments of $230,600.

Seoul, South Korea

If you want to live in the capital of South Korea, you need to save money for seven and half years, with an average saving $2,565, and average price for apartments of $242,500.

Cape Town, South Africa

You may need only two and half years of saving to buy an apartment there, with an average saving $1,253, and an average price for apartments of $38,350.

 Tokyo, Japan

This famous city requires you to save for 10 years to buy an apartment, with an average saving $2,792, and average price for apartments of $345,650.

New York, USA

One of the world’s most crowded capitals in the world, that requires you 12 years of saving to buy an apartment, with an average saving $3,547, and an average price for apartments of $522,350.